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Finance & Accounting Services

The demand to meet evolving industry compliance standards - such as new federal regulations for mortgage lending - affects more than 90 percent of paperless and eMortgage programs, according to Xerox’s 10th annual Path to Paperless survey.

The average cost to process a single invoice manually is $24, according to IOMA in 2011. This expense combined with the time involved with a manual accounts payable process prompted TLC Vision to engage Xerox DocuShare® to automate its accounts payable workflow.

Researchers at Xerox (NYSE: XRX) have invented a banking solution that reduces the cost of establishing branches – even in rural areas – and automates much needed personal banking services, like opening a bank account or applying for a loan, making it simple for consumers in India and other developing countries to manage their money.